2255 W Picacho Ave
- 22,495 SF building
- 58 units
- Built in 1962
- Zoned C-3
- Prime location in Las Cruces area
Property Description
Uncover an exceptional investment opportunity with this expansive 22,495 SF building housing 58 units in the heart of Las Cruces, NM. Built in 1962 and strategically zoned C-3, this property presents an alluring prospect for Hospitality / Full Service investors seeking a prime location with significant development potential. The property's versatile layout and ample capacity make it an ideal canvas for a range of hospitality ventures. With its strategic location and strong potential for future growth, this property offers an excellent opportunity for investors looking to capitalize on the thriving hospitality market in this dynamic city. Unleash the potential of this sought-after property and fuel your investment aspirations in the heart of Las Cruces.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Hospitality |
| Price: | $1,625,000 |
| No. of Units: | 58 |
| Year Built: | 1962 |
| Lot Size: | 1.38 Acres |
| Opportunity Zone: | No |
| Price per unit: | $28,017 |
| Property Website | Click Here |
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